Are Social Security adjustments enough to make up for inflation?
Social Security benefits will increase by 8.7% in 2023 in a cost-of-living adjustment. The news comes as recipients see increased costs due to inflation in nearly every aspect of life. Javier David, Axios managing editor of business and markets, joins "CBS News Mornings" to explain where seniors will be feeling the pinch and if the adjustments will make enough of a difference.